I don’t understand anything on Fisher. but maybe I just need to do a more in depth review as I just did a quick read over the manual… 
Do we still need to buy those Exam 8 Study Kits to get the NCCI tables and whatever else it comes with?
Or is that obsolete these days?
Those tables are in the study kit
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I’ve ordered the Study Kit, but it will probably be a bit before it gets here. For those taking TIA, is it just parts of Section B that needs the tables and items found in the study kit?
I was thinking of doing all of A and then skipping to Section C so that I’m losing time while I wait to receive the kit.
Does anyone plan to spend time on ALF on Demand? Thinking if I should just skip this topic or not.
I haven’t seen them referenced in part A yet
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Nice! That’s awesome news. I was seeing the Robertson section on NCCI stuff and started to cringe.
I’m out of town for a few weeks and didn’t want my delay in ordering the kit to slow my studying down. Hard enough to get motivated to study…period lol
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Hey guys, I just got my study kit for this exam. I don’t have the 42 pages NCCI Circular tables I see on Pearson Vue. Just “Item Filing Announcement”, “Filing Memorandum”, “Exhibit 6-Rule” and “Informational Exhibit 3”, definitely no 42 pages table. Has this changed or I’ve got a defective copy? I just started studying so I’m not sure. Thank you!
I think someone on discord said they didn’t include all the tables this time:
Found the answer to my own question! https://www.reddit.com/r/actuary/comments/151kkif/exam_8_study_kit/
If I had to retake the exams I would take P, FM, MFE (3F), 5,6, MAS1 MAS2, 7 or 9, 8
8 has a lot of overlap with the MASes on GLM and credibility it would have served me well not to have a multi-year gap between the 2
When did you take the MAS exams? So is this 8 your last one then?
I agree with you though. Dating myself, I took them prior to CBT and it’s been years since I’ve seen any of this type of material.
I took the MAS exams 3 years ago and I wish 8 was my last but alas, tis not too be
Pardon my ignorance,
What is the difference between a limited table M and table L (assuming that there is a difference) and when would I use a limited table M vs table L?
This was one of the most unclear topics when I was previously studying for this. I still don’t really know.
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Limited Table M is built using limited losses, where the “limited” is referring to losses limited by the per occurrence limit.
Table L reflects both the per occurrence limit and the aggregate limit.
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Thank you @jooni very much!!!
In the Clark paper, why do losses only develop in the aggregate layer and not develop from under the attachment point into the layer? Meaning, let’s develop losses and then see what is in the agg layer instead of seeing what’s in the agg layer and then developing those losses.
one of the reasons is that you often don’t have loss triangles from the ground-up. if you are (re-)insuring a particular layer (e.g. 1Mxs1M) you may not have complete loss information for the 0-1M layer. sometimes you only have enough data to calculate a layer LDF.
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How useful is it to read the source material for this exam? I’ve never read any source materials before this exam, and just wondering if it’s going to be a good use of my time. I couldn’t master some sections even after doing a lot of problems.